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Batu Maung units snapped up

A total of 100 M Vista apartments have been taken up at a preview held at a show gallery in Batu Maung, Penang. “This overwhelming response indicates a strong demand for affordable property. “M Vista...

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UPCOMING: Batu Kawan / Aspen Group

A newly proposed mixed development by Aspen Vision City Sdn. Bhd. (Aspen Group) at Batu Kawan. This is part of the 245-acres masterplaned development of Aspen Vision City, located between IKEA Store...

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Real estate agency still sees strong interest and confidence

Penang’s residential property transactions is expected to experience more than 5% contraction this year compared to 2016. Raine & Horne Malaysia senior partner Michael Geh tells StarBizWeek he is...

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The Hildens

The Hildens, 21 storeys high and featuring modern designs with a spacious built-up. Strategically located along Jalan Kulim, this distinctive development is poised to elevate contemporary living in...

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Indefinite freeze on luxury properties

The government today announced an indefinite freeze on the development of luxury properties worth more than RM1 million per unit. The freeze, according to Second Finance Minister Johari Abdul Ghani,...

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UPCOMING: Seberang Jaya / CSY Development Sdn. Bhd.

A proposed residential development by CST Devlopment Sdn. Bhd. at Seberang Jaya. Located along Jalan Permatang Pauh, adjacent to Taman Nalui Ria. It is only 1km away from Butterworth-Kulim expressway,...

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Is the freeze on high-rise residences above RM1m warranted?

by Previndran Singhe I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market. When we were in...

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UPCOMING: Jelutong / Hooi Hwa Development

Yet another proposed residential development at Jelutong by Hooi Hwa Development Sdn. Bhd. Located along Lorong Madrasah, right opposite Jelutong Palace apartment. It is just a short drive away from...

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Aerial view of The Zen Condominium

The Zen, yet another mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township...

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UPCOMING: Bukit Mertajam / Total Vista Development

A proposed residential development by Total Vista Development Sdn. Bhd. at Bukit Mertajam. Located along Jalan Kulim, just a stone’s throw away from BM Country Club. Tesco hypermarket and AEON Mall is...

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Penang airport expansion to provide for 12mil passengers

The capacity of Penang International Airport (PIA) will expand by almost 100% from 6.5 million passengers to 12 million, said Chief Minister Lim Guan Eng. He said this was according to a written reply...

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Loft 28

Loft 28, an upcoming commercial development located within the established township of Bukit Minyak. Located at along Jalan Bukit Minyak. This is a development by WHH Land, featuring 293 units of...

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Penang has its own unique demand, pricing and prospects

Penang-based property developer Asas Dunia Bhd said the Government’s blanket freeze on properties worth RM1mil and above is not the solution to the rising unsold properties in the country. Its managing...

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Discover Balik Pulau

GM Training Academy will be organizing “Discover Balik Pulau”, a holiday event at Botanica Mansion on 16th December 2017. Event highlights: Discover Balik Pulau Tour Balik Pulau talk by Miichael Yeoh...

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No bubble in property sector

Some global property markets are overheated at the moment, but Malaysia certainly is not in the bubble territory. In those markets that are overheated, home prices are rising faster than salaries amid...

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UPCOMING: Nibong Tebal / Mapahill Development

A proposed 21-acres mixed development by Mapahill Development Sdn. Bhd. within the township of Nibong Tebal. Located between Jalan Sungai Daun and Jalan Ooi Kar Seng, adjacent to Taman Bistari. It is...

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George Town among cheapest cities for expats in Asia

George Town in Penang and Johor Bahru in Johor were identified as some of the cheapest locations for expatriates in Asia, according to research by ECA International. The two cities join Mongolia’s...

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Applications for MyDeposit 2018 opens today

The applications for the First House Deposit Financing Scheme or MyDeposit for next year will be opened from tomorrow (Dec 15) until Feb 15, 2018. Deputy Urban Wellbeing, Housing and Local Government...

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PR1MA @ Permatang Pauh

PR1MA @ Permatang Pauh, the first PR1MA affordable housing in mainland Penang, undertaken by Excel Focus Properties Sdn. Bhd. Strategically located within the established township of Permatang Pauh,...

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Penang theme park to get world’s longest water slide

The longest water slide in the world – spanning one kilometre – is being planned for the ESCAPE theme park in Teluk Bahang here. It will see thrill-seekers ascend 420m by chairlift to the top of a hill...

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